Regulations Listing: Responsible Corporate Leadership

REGULATORY RADAR - Massachusetts and Louisiana join the ranks of 16 other U.S. states and territories that have adopted or enacted “Creating a Respectful and Open World for Natural Hair,” or CROWN, acts.

REGULATORY RADAR - The Australian House of Representatives has passed major climate and environment legislation committing the country to reduce greenhouse gas emissions by 43% from 2005 levels by 2030 and achieve net zero by 2050.

On October 11, 2022, the SEC’s new pay-for-performance rules became effective, requiring reporting companies to disclose the relationship between executive compensation and the financial performance of the company.

On September 27, 2022, the Australian government introduced the Anti-Discrimination and Human Rights Legislation Amendment (Respect at Work) Bill 2022.

On October 13, 2022, the U.S. Department of Labor (DOL) published a new proposed rule addressing whether a worker is an employee or an independent contractor under the federal Fair Labor Standards Act (FLSA).

The new rules of an expanded NJ WARN Act will take effect on April 10, 2023. Major changes to NJ WARN include expanded notice obligations, mandatory severance, a lower threshold for mass layoffs, and expanded counting and coverage of part-time employees.

Under a new standard, Maryland courts will now evaluate harassment claims based on the "totality of the circumstances" (as opposed to the traditional "severe and pervasive" standard), which opens the door for employees to pursue claims in instances where alleged harassing conduct may have been either less frequent or less egregious.

This new order applies to 92% of commonwealth jobs, which means that roughly 65,000 positions in the state will now be open to Pennsylvanians regardless of whether they hold a college degree.

The Los Angeles Fair Work Week Ordinance will apply to retail businesses that have at least 300 employees worldwide, including franchises.

Beginning Jan. 1, 2024, this legislation would require nearly all covered Illinois employers to provide covered employees up to 40 hours of paid leave per year to be used for any purpose.

The U.S. Securities and Exchange Commission (SEC) has adopted new rules under the Investment Advisers Act of 1940.

UK and US have developed the first set of guidelines to promote the secure development of AI technologies.